Scaramucci, ex-CEO of Alameda Research, may testify at trial

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 Scaramucci, ex-CEO of Alameda Research, may testify at trial

Sam Bankman-Fried's ex-CEO, the low-key ex-CEO of Alameda Research, may be asked to appear as a witness or be discussed during Sam Bankman-Fried's trial, a court was told today.

The assistant U.S. Attorney for the Southern District of New York said Danielle Sassoon read a list of people who may testify or be related to the trial. She told a packed New York federal courthouse that Trabucco may be involved.

The FTX behemoth collapsed a couple of months later. Trabucco maintains its low profile for the past few years.

The sister trading firm of the FTX crypto exchange was Alameda Research. Investors said Bankman-Fried co-founded the firm but resigned last year from its day-to-day management.

Bankman-Fried's client money from FTX had been used by the bank to make risky bets on Alameda.

Sassoon also said it is possible that Scaramucci could be called to give evidence. As Trump's spokesman, Scaramucci was professionally and personally close to Bankman-Fried.

The two teamed up last April to host the Crypto Bahamas conference, and FTX acquired a 30 percent stake in Scaramucci's New York investment firm, SkyBridge Capital, for $40 million.

Bankman-Fried's trial began Monday in New York City. The 31-year-old is charged with seven criminal charges- including money laundering- after billions of dollars in customer cash went up in smoke following the crypto company's bankruptcy last year.

The trial is expected to last six weeks.